GOVERNOR LAMONT ANNOUNCES LOWER ELECTRICITY RATES IN RESPONSE TO BENEFITS RECEIVED FROM NUCLEAR CONTRACTS AND OTHER STATE ENERGY POLICIES
Starting May 1, Residential Electric Bills To Decrease by Roughly 14% Public Benefits Charge Will Shift From a Cost to a Credit Through at Least September (HARTFORD, CT) – Governor Ned Lamont today announced that the Connecticut Public Utilities Regulatory Authority (PURA) has approved an interim decision that will lower residential electricity rates throughout Connecticut starting May 1, 2026, including by 4.3 cents per kilowatt-hour or about $30 per month for an average Eversource residential customer and 4.9 cents per kilowatt-hour or about $34 per month for an average United Illuminating residential customer. This significant reduction in residential electricity bills is driven by a decrease in the public benefits charge, which will now be a credit on ratepayers’ bills –…
